Newspapers / The Enterprise (Williamston, N.C.) / Sept. 24, 1935, edition 1 / Page 4
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COTTON BENEFIT PAYMENTS TOTAL $39,331 IN COIJNTY Huge Increase in Income Is Shown by Figures from Dean I. O. Schaub The huge increase in the income of Martin County cotton growers turing the past three years is shown 1 v figures supplied from the office .f Dean I. O. Schaub at State Col In 1931. before the cotton adjust ment program, the growers sold their lint and aaed for a total of only $232,51462 The 1933 crop sold for (401,375.34. to which was added (39,331.22 in benefit payments, bringing the total income from cotton that year to $440,706.56 The crap last year sold for (392, 232.37. Benefit payments of (36. 091.50 brought the total to (428.- j i 323.97. The net income of the growers, in ninny instances, increased more than j these figures indicate, the dean pointed out, since the reduced acre THIS STOKE WILL BE Closed Saturday September 28th. until 6 P. M. ON ACCOUNT OF HOLIDAY Margolis Bros. Carload of Metal Roofing Just Arrived Big Reduction in Price c See I s Before Buying WiHiainston Supply Cor GET YOUR SCHOOL BOOKS AT CULPEPPER'S ? IN WILLIAMSTON 9 A Complete Line of All Books on Hand as Usual WE CARRY A COMPLETE LINE'OF Hunting, Supplies Hunting Coats, Browning Automatic Guns, All Kinds of Ammunition for Guns, Rifles, Pistols, and Hunting Needs in General. [jet Your Huntiii?: License Here Cl Flashinglightx and Batteries. Electrical Appli ances. Farm and Home Hardware of Every Descrip tion. Get what you need at Culpepper's. We Welcome You At All Times Culpeppper Hardware Co. Williamston, North Carolina COTTON As you probably know, there is going to be a government loan on cotton again this year. We are in position to store your cottpn and ar range for you to obtain a loan of 10 cents per pound through the Commodity Credit Corpora tion. We Are Selling Second-Hand Peanut Bags at 6 l-2c Each . COLUMBIAN . PEANUT COMPANY PEANUT PRICES STRONCER.DUE TO SHORT STOCK New Crop in Spanish Area Is Damaged in Volume And Quantity Old crop peanuts, of which there is but a small quantity remaining i uiside the hands of shellers and i ieaners, have shown a strengthen ing of price during the past 10 days, it is reported by the Market News Service of the United States Depart ment of Agriculture, and the rainy weather of recent weeks throughout the southeastern and southwestern Spanish area has seriously threat ened the production nnd quality of the crop in that region. There is no indication at present as to how the market will open on the new crop peanuts of this belt, although conferences have been held in Washington recently be tween peanut growers and AAA of ficials to work out a program of di version of a portion of the crop to cil mills on a plan similar to that which was in operation last year. Glowers are contending that a fair price is well above the level that +-.C.3 prevailed for the 1934 crop. For the country as a whole Sep tember 1 estimates indicated an in crease in peanut acreage to be har vested this year at 121,000 acres, or 8 per cent above last year's acre age. Increased yield per acre over age required smaller expenditures for fertilizer and labor Also to be considered is the fact that much of the land retired from cotton production has been planted to food and feed crops for home con sumption, and these crops have re duced the amount of money spent for food and for feed. The stimulus given the balanced farming program by the cotton ad justment program has also been worth a great deal to the farmqrS, the dean stated, even though the benefits may not now be measured j altogether in terms of dollars and cents. ? The dean said that the rise in cot ton puces may be attributed largely to the control program and its re duction of the surplus cotton which formerly glutted the markets and depressed prices. WantS LESPEDEA HAY FOR SALE: 1 have several tons of fine lespedeza hay for sale. All new hay and will sell reasonably. T- W. Holliday, Jamesville, N. C. s24 2t PIANO: A BEAUTIFUL USED piano in this community is being returned to us. Will transfer to re sponsible party for balance due. Cash or terms. For particulars ad dress Price C. Duvall, care Atlantic Hotel, Williamston, N. C. s-20 4t last year, estimated at Ttt.S pounds, as against (Tg.O last year, makes the total indicated production erf peanuts in the United States for 1935 mount tn 16 per cent increase in total pro ductson. For Virginia and North Carolina the increased acreage of last year is estimated as 20,000, and the total production as 432,650,000 pounds, compared with 410,000,000 pounds in 1934. The report states that demand for shelled and cleaned peanuts has been 'more active in recent weeks than in months past, and the market has been strengthened by relatively light stocks in the hands of millers and in the trade in the consuming centers. Prevailing prices range as follows: Best jumbos. 4 to 4 1-4; best bunch. |3 3-4 to 4; shelling stock, 3 1-4 to 3 3-4; poor shelling stock, as low as 3 cents. Hosuilal Completed Fro Junior Orphans Lexington.?The Junior Order Or phans Home now has completed and | ready for use as needed a modern J 26-bed hospital, modernly equipped, it is announced. Remodeling of a J section of the administration build- [ ing after the building of a super- I in'eniHent'n home provided quarters I for the hospital, which has been j equipped by the Orphans Home Lea- j gue, of Louisville, Ky., including several thousand members of the I Order banded to aid the na orphan*' home* at Tiffin.' Ohio, and Lexington. The league had formerly provided a modern] swimming pool at the home here Other additions to teh home equip ment included a printing pre**, which enable students in the voce tional guidance department to issue a small paper, and an orchestra, composed of students under the di rection of Ernest Harris, of Sails-, bury, who gave their first public concert recently. Horse Trouble Reported By Currituck Farmers Currituck farmers report an un usual amount of "horst trouble" due to moulty feed and impure water. Large Majority Farmers Sign Contracts in Pender Ninety per cent of the eligible to bacco grower* in Pender County has signed the new four-year ad justment contract. NOTICE OF SALE Under and by virtue of an order of the Superior Court, Martin Coun ty, in an action entitled "Virginia Ross vs. J. C. Rosa. Guardian et al," entered at the June term special. 1935, and under and by virtue of the authority contained in a deed of trust dated 24th day of November,, 1934, from Will Bryant and wife, of. record in the register of deeds' of-, fice in book Q-2, page 203, the un-j dersigned commissioner will, on the) 1st day of October, 1935, at 12 o'-i clock noon, at Mm courthouse door Martin County offer for sale to the highest bidder, for cash, the follow ing described property Being all of lots numbers ten (101 and eleven (111 and twelve (IS) in the land division of Everett and Daniel, said map being of reculd in book X, page 420 of the public reg istry of Martin County, said lot lo cated on the southwest side of the A. C L. Railroad in the town of Oak City, North Carolina. This Jlst day o< August, 1MB. B. A. CRITCHER, s3 4tw Commissioner. For Satisfactory Results, Send COTTON to J. W. Perry Company SUFFOLK VIRGINIA For Sale or Storafe and Loans iiiiiiiiiii NOW! AMERICA'S FINEST WINES ... IN AMERICA'S QUAINTEST tOTTLE Not. voa w. hoy WMotot". Mm**, MototM mt TNwr I. Ik. ootM OM LWy OmomI otO *otot atom ?????mOOm.'i. I ||<?OTrN?.l?UlOTll||OT*. ?> Iot fMOT't UH diners AMERICA'S FINEST WINESI Atwf <? Coot/ r.rt. > MM STATEMENT UNION MUTUAL FIRE INSURANCE COMPANY Providence, R. L Condition December 31, 1934, As Shown by Statement Filed Amount of fund paid in cash, $100,000.00. Amount ledger assets, Dec. 31st previous year, total, $833,982 29. Income?from policyholders, $407,693.26; miscellaenous, $174,856.22; to tal, $582,549.48 _ o? Disbursements?To policyholders, $84,380.64; miscellaneous, $383,460.80; total, $467,841.44. _ Fire premiums?written or renewed during year, $959,835 56: in force, $1, 505,787.01. All other premiums?written or renewed during year, $38,091 34; in force. $55,860.74. ASSETS Value of bonds and stocks $869,083.09 Cash in company's office 100.00 Deposited in trust companies and banks not on interest 38,770.98 Agents' balances, representing business written subsequent to October 1, 1934 40,195.42 Agents' balances, representing business written prior to Oc tober 1, 1934 540-84 Interest and rents due and accrued 5,614.26 All other assets, as detailed in statements 8,692.04 Total $962,996.63 Less Assets not admitted ^? ?? ..?????? ?-? 102,903.38 Total Admitted Assets $860,093.25 LIABILITIES Net amount of unpaid losses and claims $ 18,400.27 Unearned premiums 441,249.92 Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 626.67 Estimated amount payable for Federal, state, county and mu nicipal taxes due or accrued 12,250.00 Contingent Commissions, or other charges due or accrued 8,275.36 All other liabilities, as detailed in statement 1,005.60 Total amount of all liabilities except fund ~ $481,607.82 Capital actually paid up in cash ' $100,000.00 Surplus over all liabilities 278,285.43 Surplus as regards policyholders 378,285.43 Total Liabilities $860,093.25 Business in North Carolina During 1934 Fire risks written, $697,140; premiums received, $5,747.00. All other risks written, $81,678; premiums received, $358.00. Losses incurred?fire, $1,128; paid; $4,456.00. Losses incurred?all other, $54; paid $54.00. President and treasurer; Frederick T. Moses. Secretary: Clarence H. Cady. Home office: 101 Weyhosset St., Providence, R. I. Attorney for service: DAN C. BONEY, Insurance Commissioner, Ra leigh, N. C. Manager for North Carolina; Home office. STATE OF NORTH CAROLINA, (Seal) INSURANCE DEPARTMENT, Raleigh, July 30th, 1935. I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Union Mu tual Fire Insurance Company of Providence, R. I., filed with this depart ment, showing the condition of said company, on the 31st day of Decem ber, 1934. Witness my hand and official seal, the day and year above written. DAN C. BONEY, Insurance Commissioner. STATEMENT UNION MARINE AND GENERAL INSURANCE COMPANY, LTD. Liverpool, England Condition December 31, 1934, As Shown by Statement Filed Amount of Statutory Deposit paid in cash, $400,090.00. Amount ledger assets, Dec. 31st previous year, total, $2,470,832.34. Income?from policyholders, $624,209.44; miscellaneous. $252,320.87; total $876,530.31. Disbursements?to policyholders, $244,340.18; miscellaneous, $476,610.31; total, $720,950 49. t Fire premiums?written or renewed during year, $763,919.05; in force, $1, 518,185.67. All mother premiums?written or renewed during year, $1,427,842.48; in force, $695, 979.68. ASSETS Value of bonds and stocks $2,176,047.65 Cash in Company's office 206.68 Deposited in trust companies and banks not on interest 274,551.53 Agents' balances, representing business written subsequent to October 1, 1934 108,350.24 Agents' balances, representing business written prior to Oc tober 1, 1984 36,417.55 Bill receivable, taken for other risks ,. 178.43 Interest and rents due and accrued 28,027.70 All other assets, as detailed in statement 30,659.78 Total $2,654,439.56 Less assets not admitted 52,406.93 Total admitted assets $2,602,832.43 LIABILITIES Net amount of unpaid losses and claims $ 297,955.00 Unearned premiums 522,062.17 Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 3,760.00 Estimated amount payable for Federal, state, county and mu nicipal taxes due or accrued 4 '20,916.20 Contingent commissions, or other charges due or accrued 8,600.60 All other liabilities, as detailed in statement 36.525.94 Total amount of all liabilities except Cap.tal $ 889,61831 Capital actually paid up in cash $ 400,000.00 Surplu over all liabilities 1,312,214.32 Surplus as regards policyholders . 1,712,21432 Total liabilities . $2,602,022.63 Fire risks written, $0; premiums received, $0. All other risks written, $78,006; premiums received, $306. Losses Incurred?Are, $0; paid $0 Losses incurred?all other, $266; paid $0. U. S. Manager; Percival Beresford. U. 8. Home Office: 150 William Street. New York City. ??_=x_. - iqujy - Attorney for service: DAN C. BONEY, Insurance Commissioner, Ra leigh, N. C. Manager for North Carolina: New York office. STATE OF NORTH CAROUNA, (Seal) INSURANCE DEPARTMENT. Raleigh, July 25th, 1935. I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the above Is a true and correct abstract of the statement of the Union Marine and General Insurance Company, Ltd., of Liverpool, England, 4 with this department, showing the condition of said company, on the 31st day^ of Deosmber, 1924. my hand and official seal, the day and year above written. DAN C. BONEY, Insurance Commissioner. DEPOSITS INSURED UP TO $5,000 This community is largely in terested in farming, and so we pride ourselves on our ability and will ingness to encourage and aid worthy farmers. WE WELCOME YOUR BUSINESS Big Enough To Serve You; Not Too Big To Take a Personal Interest in You Guaranty Bank & Trust Company WILLIAMSTON, N. C. Let Us Gin Your Cotton Our Gins Are Now Equipped With Modern Machinery Gins operated by experienced oper ators, and we use the best bagging and ? tig." We guarantee satisfaction with ev ery bale ginned. Highest Market Price Paid for Cotton Seed Bring your cotton to us. We want and will appreciate your business. Thanks for past patfonage. "WE GIN IT BETTER" HASSELL GIN Co. G. H. LEGGETT Ginner J. W. EUBANKS Manager FINANCIAL STATEMENT OF Bank of Robersonville ROBERSONVILLE, N. C. September 21, 1935 RESOURCES: Loans and Investments $302,719.56 U. S. Government & N. C. Bonds 210,000.00 Other Stocks & Bonds 22,200.00 Tobacco Overdrafts 6,998.20 Banking House & Fixtures $27,000.00 Less Reserve 4,626.00 22,374.00 Other Real Estate (Old Bank Bldg.) 3,000.00 Cash, due from banks and cash items 156,557.98 Accrued Interest oh Notes 1,202.10 Total $725,051.84 LIABILITIES: Capital Stock Surplus Fund Undivided Profits, Net Deposits Unearned Interest Reserve for Interest, Etc. $ 50,000.00 30,000.00 9,177.69 627,351.57 2,520.64 6.001.94 ? Total $725,051.84 Safe - Sound - Conservative J. H. Roberson, Jr. Pres.; R. L.^mith, Vice Pre*. D. R. Everett, Cashier; H. C. Norman, Vice Pre*. S. L. Roberson, Assistant Cashier
The Enterprise (Williamston, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 24, 1935, edition 1
4
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